Global Strategic Investment Solutions LLC Sells 490 Shares of The Walt Disney Company (NYSE:DIS)

Global Strategic Investment Solutions LLC reduced its stake in The Walt Disney Company (NYSE:DIS) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,937 shares of the entertainment giant’s stock after selling 490 shares during the period. Global Strategic Investment Solutions LLC’s holdings in Walt Disney were worth $661,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Schechter Investment Advisors LLC increased its holdings in shares of Walt Disney by 29.8% in the 4th quarter. Schechter Investment Advisors LLC now owns 18,557 shares of the entertainment giant’s stock worth $2,066,000 after buying an additional 4,258 shares during the last quarter. Wernau Asset Management Inc. bought a new stake in shares of Walt Disney in the 4th quarter worth about $1,756,000. Winslow Asset Management Inc. increased its holdings in shares of Walt Disney by 0.4% in the 4th quarter. Winslow Asset Management Inc. now owns 72,154 shares of the entertainment giant’s stock worth $8,034,000 after buying an additional 305 shares during the last quarter. Auxano Advisors LLC increased its holdings in shares of Walt Disney by 9.1% in the 4th quarter. Auxano Advisors LLC now owns 22,741 shares of the entertainment giant’s stock worth $2,532,000 after buying an additional 1,891 shares during the last quarter. Finally, Garrett Wealth Advisory Group LLC increased its holdings in shares of Walt Disney by 4.5% in the 4th quarter. Garrett Wealth Advisory Group LLC now owns 6,120 shares of the entertainment giant’s stock worth $681,000 after buying an additional 264 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Down 1.0 %

NYSE:DIS opened at $112.69 on Tuesday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The firm has a market cap of $203.72 billion, a P/E ratio of 36.71, a P/E/G ratio of 1.80 and a beta of 1.42. The firm has a 50-day simple moving average of $110.70 and a 200-day simple moving average of $103.66.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a dividend yield of 0.6%. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s payout ratio is currently 32.57%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DIS. Citigroup restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Macquarie reaffirmed a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Evercore ISI lifted their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. TD Cowen lifted their price target on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Finally, Prescient Securities dropped their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.44.

Insider Activity

In related news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.16% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.